South Korea

South Korea Looks to Invalidate Terra Co-Founder Do Kwon's Passport: Report
The CEO of Terra along with five others were issued with an arrest warrant on Wednesday.

Terra’s Luna, Luna Classic Tokens Plunge as South Korea Issues Arrest Warrant for Do Kwon
Terra-based decentralized finance products saw outflows of over $20 million Wednesday morning.

South Korean City Busan Taps Huobi to Develop Blockchain Infrastructure
The city wants to be a crypto hub.

South Korean Court Issues Arrest Warrant for Terra Co-Founder Do Kwon
The warrant also includes five others, according to a report.

South Korea Is Gearing Up to Institutionalize Security Tokens
The country's financial regulators plan to publish guidelines for security token issuance and distribution towards the end of 2022.

Crypto Exchange Upbit Publishes Token Listing, Delisting Procedure After Government Pressure
Tokens listed on Upbit, South Korea’s largest exchange by trading volume, see major market movements.

Sixteen Arrested in South Korea for Illegal Crypto Trading Activities: Report
An investigation by the Korea Customs Service discovered over 2.7 trillion won ($2 billion) in illegal foreign exchange transactions related to virtual assets since February.

S. Korean City Busan Taps FTX to Develop Crypto Exchange, Promote Blockchain Businesses
Busan aims to develop a blockchain zone in the coming years and had also signed on crypto exchange Binance last week.

South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
The Bank of Korea says companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas.

Crypto Exchange Binance to Help S. Korean City of Busan Develop Its Blockchain Industry
Binance will provide services and education to support the city's blockchain development.

